We are cashflowing approx $520/mo.

Have tight due diligence and deal close timelines.  

If the Transunion report verifies everything, and they meet my other criteria (credit scores, proof of income, background and eviction checks...) then we are good.In my 15+ years at this, I have found a very strong correlation of credit score and tenant quality.

I believe that we are headed for a real estate crash and I want to be ready for it, but I don't want to hold cash unless I need to.

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.

We do not verify identities, that would be a bigger lift than we are capable of currently, however it is against the rules to use a false identity per section 2.A of our website rules here https://www.biggerpockets.com/rulesSo anyone discovered using a false identity will be removed if they are reported to spam.

Please keep pushing and sharing your progress. we are enjoying seeing your success in addition to learning how to pursue and analyze deals in different market sectors before blindly buying and learning the hard way.

We are definitely dependent on that population and job growth to eventually gain some profit spread.

I think we are all on the same page now.  

We do encourage doing your own due diligence even though we are providing all this info.